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Simple Energy raised $20 million in a Series A funding round for scaling up production, entering new markets, and product development.

PRIVATEJul 29, 2024

Amount Raised

$20 Million

Round Type

Series A

MumbaiManufacturingEnergySoftwareAutomotive

Description

Electric two-wheeler startup Simple Energy raised $20 million in a Series A funding round. The funding will support scaling up production capacity, entry into new markets, and new product development.

Quick answer

Simple Energy raised $20 Million in a Series A round, dated July 29, 2024. Simple Energy is based in Mumbai, Maharashtra, India.

How much did Simple Energy raise?
Simple Energy raised $20 Million in a Series A round on July 29, 2024.
What does Simple Energy do?
Solve your biggest customer energy challenges with solutions that drive results.
Where is Simple Energy based and how big is it?
Simple Energy is based in Mumbai, Maharashtra, India. Fundz records about 8 employees.
Who are the decision-makers at Simple Energy?
Fundz holds 1 contact at Simple Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Automotive around the same time

Companies in the same sectors as Simple Energy that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • TriLite raised $22M (Series A) on September 11, 2024.
  • Aptera Motors raised $200K (Seed) on August 23, 2024.
  • Hadron Energy raised $9.9M on July 29, 2024.
  • VerdeGo Aero raised $2M on July 12, 2024.
  • VerdeGo Aero raised $1.5M on June 25, 2024.

Who to call at Simple Energy, and when

A new round usually means Simple Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Simple Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Simple Energy, from your own LinkedIn network

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Company Information

Company

Simple Energy

Location

Mumbai, Maharashtra, India

About

Solve your biggest customer energy challenges with solutions that drive results. Visit Uplight to learn more about our unified energy management platform.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Simple Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contacts10 people are listed at Simple Energy. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Simple Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.